NEW YORK (Reuters) - The U.S. commercial real estate industry is pushing for tax relief and incentives championed by former Republican President Donald Trump to continue in the next administration, as the sector struggles with surging delinquencies, record vacancy rates, and elevated costs of financing. Commercial real estate is especially vulnerable to higher taxes because its high fixed costs make...

06:09 AM EDT, 10/28/2024 (MT Newswires) -- Yen (JPY) selling picked up early Monday as London traders responded to the news that the LDP-led coalition lost its majority in Japan's parliamentary election Sunday, which opens up a period of political uncertainty, said Mitsubishi UFG. Prime Minister Shigeru Ishiba's gamble to immediately hold a parliamentary election after his appointment as premier...

Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, cheaper model and enthusiasm for self-driving software, but delivering on that promise would surprise much of Wall Street. Musk's 2025 forecast and improving profit margins sparked the biggest jump in Tesla shares since May 2013, when the company...

Oct 28 (Reuters) - Mexico's Cemex, one of the world's largest cement producers, reported a 9% year-on-year drop in third-quarter core earnings as it was impacted by adverse weather across its markets and foreign exchange headwinds. Cemex reported quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) of $747 million, while net sales fell 3% from the same period last...